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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,504 | $147,556-92.2% | $129,031-91.1% | $198,609-94.2% |
| Participation rate | 63.6% | 77.2%-13.6pp | 73.4%-9.7pp | 82.4%-18.7pp |
| Annual return | 21.54% | 37.41%-15.9pp | 34.67%-13.1pp | 202.70%-181.2pp |
| Employer contribution / active EE | $1,211 | $3,645-66.8% | $3,226-62.5% | $5,055-76.0% |
| Participant deferral / active EE | $2,087 | $5,760-63.8% | $5,217-60.0% | $6,977-70.1% |
| Admin fee / account holder | $244 | $15,467-98.4% | $13,208-98.2% | $19,030-98.7% |